Paragraph 2: Private equity funds.

An order of the Minister for the Economy defines the presentation format and specifies the calculation methods for the items mentioned in articles D. 214-80 to D. 214-80-6.

If the funds referred to in article D. 214-80 are marketed by several distributors, the information on marketing and distribution costs given in the key investor information document, the fund rules, the annual information letter and the annual report may be given in the form of ranges, the limits of which are the values corresponding to the distributors charging the lowest and highest levels of costs respectively. The values shown…

Any breach of the provisions of articles D. 214-80 to D. 214-80-8 is subject to the penalties provided for in the sixth paragraph of article 1763 C of the General Tax Code.

The amount of the fees and commissions mentioned in the second paragraph of VII of article 885-0 V bis of the General Tax Code charged in respect of the same payment mentioned in 1 to 3 of I or 1 of III of the same article may not exceed one of the following ceilings expressed as a percentage of the payment: a) 30% in total over the duration of the…